1-4-2014 Stryker Yesterday [Wednesday] started the first of three (3) stages in the implementation of the Custom Tariffs of Iraq. All border crossings are now taxing up to 20% of all Luxury Goods being imported into Iraq. This means that additional revenue is now being added to the yearly budget which will help insure yet another surplus for Iraq in 2014. It also means that all border crossings are now linked directly with the Central Bank of Iraq for accountability which means that Iraq has taken its first real step into a Free Market Economy. It means that the other two stages, tariffs on non-essential and essential goods will be next and the Central Bank of Iraq will need to adjust the value of their currency if they do not want to experience inflationary problems going forward. It is just logical that if they tax these goods at the border the adjustment needed in pricing once the goods reach the market place will be increased by at least the same, by 20%. It is also logical that this increase will be much higher than 20% because of all the other hands that the goods pass through just getting them to market. The cost of goods directly reflect the value of the Iraqi dinar!

1-4-2014 Poppy3 they have no 3 zero dinar left in banks. All are not out but many are. Many contractors are not able to pay workers and people on the streets are trying to turn to street dealers and it appears they are out also. CASH flow from from tariffs and bond sales can't generate cash flow without a rate. THEY WILL HAVE TO COME UP WITH SOME CASH FLOW VERY QUICK OR THE ECONOMIC GROWTH AND THEIR FRAGILE ECONOMY WILL SUFFER RAPIDLY.REMEMBER DR SHABIBI SAID THERE IS A POINT OF INFLATION THAT IT WILL GET TO LARGE AND MOVE TO FAST FOR THE CBI TO BE ABLE TO REIGN IT BACK IN. STAND BY FOR THE ACTIONS TO COME. THIS IS SOUNDING LIKE IT'S ALL IN OUR FAVOR.

1-4-2014 Bondlady Article: "Traders in Basra are demonstrating to demand the cancellation of the decision to apply the Tariff Act" just like I've said...when they start taxes, the people will go nuts about less purchasing power, to tax them on 1170 is crap an they know it too lol, hang in there, the people are about to get a lot madder and the cbi will have to, IMO, do something about it very soon.

1-4-2014 Millionday Article quote: "The agenda of the meeting includes a vote on the draft law on ratification of agreement on the encouragement and protection of investment between the Government of the Republic of Armenia and the Government of Iraq and the vote on the draft labor law." the vote [Saturday] on the labor law is huge...saturday is also when the budget is voted on or at least presented and of course the lack of cash right before they are closed for a couple days is not bad and also that they are planning on bonds on the 7th and have activated the tariff and customs. so we are in a great place.

1-4-2014 NOVA Their Banking System Is Living Day To Day Because Of The Spot They're In. Having To Play Under Article 8 With Out Having All The Tools Need To Do So. IMO, They Will Have All The Tools Available To Them Very Soon. [They appear to be running out of options...Having seen the stories of the banks facing problems around the country, do you see this as the CBI holding back from them?] I wouldn't get too perturbed about seeing the CBI auction today. They have the capability to change that rate in the blink of an eye, in the matter of a heartbeat. Just my opinion. Agree, The CBI IS Holding Back/Controlling The Cash In The System Daily. The Flood Gates Are Getting Ready To Open...